Palomar Holdings Inc

Palomar Holdings Inc., known as Palomar Specialty Insurance Company, was incorporated in 2014 and has its headquarters in La Jolla, California. The company is engaged in offering specialty property insurance solutions and operates through various business segments. The Specialty Homeowners Insurance segment caters to residential property owners needing coverage for risks often excluded by standard insurance markets, such as those in earthquake, flood, or hurricane-prone regions. For commercial entities, Palomar Holdings Inc. provides the Commercial All Risk segment, supplying insurance that covers a range of risks, including catastrophe and specialty coverages. Additionally, the company has a dedicated Specialty Commercial Earthquake segment that offers standalone earthquake policies for businesses. Understanding the need for comprehensive coverage, Palomar also provides Residential Flood insurance, which can be purchased as an addition to homeowners' policies or as a standalone product, addressing the risk of flood damage. Palomar Holdings Inc. further covers the needs of movable property through its Inland Marine insurance, which includes coverage for property during transit, among other types of movable assets. The company markets its insurance products primarily in the United States and focuses on offering specialized solutions under the Palomar name, rather than diversifying into separate brands. Its products and services are tailored to meet the specific needs of the specialty insurance market within the United States. (Powered by AI)